MGT 1.96% 25.0¢ magnetite mines limited.

The maximum amount they can produce is not something that any of...

  1. 151 Posts.
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    The maximum amount they can produce is not something that any of us can decide or even determine. The PFS will be out by the end of June and it will contain information on the way forward. However management have indicated that they want to start small with a low cost setup and increase overtime. Once in production, Razorback will have a long mine life, plus extra unexplored tenements available to dig up, along with the Muster Dam area that they can mine with 1.5 Billion tonnes. With the NextOre technology available to them, they may be able to pump out even more than what the PFS will indicate.
 
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